Trenton, NJ is a great place to invest in real estate due to the high median value of housing at $177,200. This is significantly lower than the US average of $338,100. The US one year house appreciation sits at 8.27%, while the 1 year house appreciation in Trenton is 15.39%. This is an incredible return on investment, and makes Trenton an attractive option when looking for properties.
The median home cost in Trenton (zip 08618) is $177,200. Home appreciation the last 10 years has been 62.8%. Home Appreciation in Trenton (zip 08618) is up 19.5%.
Average Age of Homes
- The median age of Trenton (zip 08618) real estate is 70 years old
The Rental Market in Trenton (zip 08618)
- Renters make up 44.5% of the Trenton (zip 08618) population
- 1.8% of houses and apartments in Trenton (zip 08618), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.